Global Industrial Fasteners Market Size, Share & Trends Analysis Report by Product Type (Threaded, Non-threaded, and Specialty), by Material (Metal and Non-metal), and by End-user (Automotive, Aerospace, Construction, Consumer Appliance and Furniture, and Industrial and Consumer Machinery) Forecast Period (2021-2027).
The industrial fasteners market is anticipated to grow at a substantial CAGR of 4.3% during the forecast period. The market is set to display impressive growth during the forecast period with some key trends emerging, such as the increased diversity of substrate materials driven by continuously evolving end-user expectations and the rise of industry 4.0 and IoT. The industrial fasteners market is focused on the production and refurbishment of fastening components or parts of a structure, device, or machinery within tight time constraints. It also depends on the level of inventory management practices of OEM and MRO clients. The requirement of custom and specialty fasteners can emerge from small products such as watches, computers, and other electronics items or a structure measurable in metric tons such as transmission line towers and bridges.
The global industrial fasteners market suffered a downfall during the COVID-19 crisis as most of the economic activities were halted during Q1 and Q2 2020. Most major revenue-generating end-users of construction, automotive, machinery, and aerospace manufacturing activities were affected, leading to a decline in demand for new fasteners, including fulfillment of previous orders by MRO clients as well.
The global industrial fasteners market is segmented based on product type, material, and end-user. Based on product type, the industrial fasteners market is segmented into threaded, non-threaded, and specialty. Based on material, the industrial fasteners market is segmented into metal and non-metal. Based on end-user, the market is classified into automotive, aerospace, construction, consumer appliance and furniture, and industrial and consumer machinery.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is the fastest-growing market for industrial fasteners. Innovative manufacturing, which was once a stronghold of the US and a few European economies such as France, Italy, and Germany, is set to expand to emerging economies, with next-generation largescale manufacturing centers to be planned predominantly in the Asia-Pacific region. The establishment of semiconductor fabs and electronic assembly units in the Asian economies of Japan, South Korea, Taiwan, and China, which involve the highest degree of innovations, is set to increase the demand for ingenious and specialty fasteners. Further, there is also a growing commitment to research, design, production, and support among defense equipment manufacturers in the APAC region backed by various government initiatives.
Research Methodology
The market study of the global industrial fasteners market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The research analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Industrial Fasteners Market Research and Analysis by Product Type
2. Global Industrial Fasteners Market Research and Analysis by Material
3. Global Industrial Fasteners Market Research and Analysis by End-user
The Report Covers
The industrial fasteners market is anticipated to grow at a substantial CAGR of 4.3% during the forecast period. The market is set to display impressive growth during the forecast period with some key trends emerging, such as the increased diversity of substrate materials driven by continuously evolving end-user expectations and the rise of industry 4.0 and IoT. The industrial fasteners market is focused on the production and refurbishment of fastening components or parts of a structure, device, or machinery within tight time constraints. It also depends on the level of inventory management practices of OEM and MRO clients. The requirement of custom and specialty fasteners can emerge from small products such as watches, computers, and other electronics items or a structure measurable in metric tons such as transmission line towers and bridges.
The global industrial fasteners market suffered a downfall during the COVID-19 crisis as most of the economic activities were halted during Q1 and Q2 2020. Most major revenue-generating end-users of construction, automotive, machinery, and aerospace manufacturing activities were affected, leading to a decline in demand for new fasteners, including fulfillment of previous orders by MRO clients as well.
The global industrial fasteners market is segmented based on product type, material, and end-user. Based on product type, the industrial fasteners market is segmented into threaded, non-threaded, and specialty. Based on material, the industrial fasteners market is segmented into metal and non-metal. Based on end-user, the market is classified into automotive, aerospace, construction, consumer appliance and furniture, and industrial and consumer machinery.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is the fastest-growing market for industrial fasteners. Innovative manufacturing, which was once a stronghold of the US and a few European economies such as France, Italy, and Germany, is set to expand to emerging economies, with next-generation largescale manufacturing centers to be planned predominantly in the Asia-Pacific region. The establishment of semiconductor fabs and electronic assembly units in the Asian economies of Japan, South Korea, Taiwan, and China, which involve the highest degree of innovations, is set to increase the demand for ingenious and specialty fasteners. Further, there is also a growing commitment to research, design, production, and support among defense equipment manufacturers in the APAC region backed by various government initiatives.
Research Methodology
The market study of the global industrial fasteners market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The research analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
- Financial reports of companies involved in the market.
- Whitepapers, research papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Industrial Fasteners Market Research and Analysis by Product Type
2. Global Industrial Fasteners Market Research and Analysis by Material
3. Global Industrial Fasteners Market Research and Analysis by End-user
The Report Covers
- Comprehensive research methodology of the global industrial fasteners market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global industrial fasteners market.
- Insights about market determinants that are stimulating the global industrial fasteners market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Berkshire Hathaway Inc.
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Gruppo Fontana S.r.l.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Illinois Tool Works Inc.
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. NIFCO INC.
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. Stanley Black & Decker, Inc.
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Industrial Fasteners Market by Product Type
5.1.1. Threaded
5.1.2. Non-threaded
5.1.3. Specialty
5.2. Global Industrial Fasteners Market by Material
5.2.1. Metal
5.2.2. Non-metal
5.3. Global Industrial Fasteners Market by End-user
5.3.1. Automotive
5.3.2. Aerospace
5.3.3. Construction
5.3.4. Consumer Appliance and Furniture
5.3.5. Industrial and Consumer Machinery
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. A.Agrati S.p.A.con Unico Socio
7.2. A&G Fasteners
7.3. Aoyama Seisakusho Co., Ltd.
7.4. ARaymond
7.5. B&B Specialties, Inc.
7.6. Berkshire Hathaway Inc.
7.7. Boltfast
7.8. Bulten AB (publ)
7.9. Caparo Group
7.10. CBC FASTENERS PTY (LTD).
7.11. Deepak Fasteners Limited
7.12. EJOT
7.13. Ever Hardware Industrial Limited
7.14. Federal Screw Works
7.15. FUCHS Schraubenwerk GmbH
7.16. Gem-Year Industrial Co., Ltd.
7.17. Gruppo Fontana S.r.l.
7.18. Hilti Corporation
7.19. Howmet Aerospace Inc.
7.20. Illinois Tool Works Inc.
7.21. Kamax Group
7.22. LISI, LLC.
7.23. MacLean-Fogg
7.24. NIFCO INC.
7.25. Stanley Black & Decker, Inc.
7.26. The 3M Company
7.27. Wilhelm Böllhoff GmbH & Co. KGList of Tables
1. Global Industrial Fasteners Market Research and Analysis by Product Type, 2020-2027 ($ Million)
2. Global Threaded Market Research and Analysis by Region, 2020-2027 ($ Million)
3. Global Non-Threaded Market Research and Analysis by Region, 2020-2027 ($ Million)
4. Global Specialty Market Research and Analysis by Region, 2020-2027 ($ Million)
5. Global Industrial Fasteners Market Research and Analysis by Material, 2020-2027 ($ Million)
6. Global Metal Market Research and Analysis by Region, 2020-2027 ($ Million)
7. Global Non-Metal Market Research and Analysis by Region, 2020-2027 ($ Million)
8. Global Industrial Fasteners Market Research and Analysis by End-User, 2020-2027 ($ Million)
9. Global Automotive Market Research and Analysis by Region, 2020-2027 ($ Million)
10. Global Aerospace Market Research and Analysis by Region, 2020-2027 ($ Million)
11. Global Construction Market Research and Analysis by Region, 2020-2027 ($ Million)
12. Global Consumer Appliance and Furniture Market Research and Analysis by Region, 2020-2027 ($ Million)
13. Global Industrial and Consumer Machinery Market Research and Analysis by Region, 2020-2027 ($ Million)
14. North America Industrial Fasteners Market Research and Analysis by Country, 2020-2027 ($ Million)
15. North American Industrial Fasteners Market Research and Analysis by Product Type, 2020-2027 ($ Million)
16. North American Industrial Fasteners Market Research and Analysis by Material, 2020-2027 ($ Million)
17. North American Industrial Fasteners Market Research and Analysis by End-User, 2020-2027 ($ Million)
18. Europe Industrial Fasteners Market Research and Analysis by Country, 2020-2027 ($ Million)
19. Europe Industrial Fasteners Market Research and Analysis by Product Type, 2020-2027 ($ Million)
20. Europe Industrial Fasteners Market Research and Analysis by Material, 2020-2027 ($ Million)
21. Europe Industrial Fasteners Market Research and Analysis by End-User, 2020-2027 ($ Million)
22. Asia-Pacific Industrial Fasteners Market Research and Analysis by Country, 2020-2027 ($ Million)
23. Asia-Pacific Industrial Fasteners Market Research and Analysis by Product Type, 2020-2027 ($ Million)
24. Asia-Pacific Industrial Fasteners Market Research and Analysis by Material, 2020-2027 ($ Million)
25. Asia-Pacific Industrial Fasteners Market Research and Analysis by End-User, 2020-2027 ($ Million)
26. Rest of the World Industrial Fasteners Market Research and Analysis by Product Type, 2020-2027 ($ Million)
27. Rest of the World Industrial Fasteners Market Research and Analysis by Material, 2020-2027 ($ Million)
28. Rest of the World Industrial Fasteners Market Research and Analysis by End-User, 2020-2027 ($ Million)List of Figures
1. Global Industrial Fasteners Market Share by Product Type, 2020 Vs 2027 (%)
2. Global Industrial Fasteners Market Share by Material, 2020 Vs 2027 (%)
3. Global Industrial Fasteners Market Share by End-User, 2020 Vs 2027 (%)
4. Global Industrial Fasteners Market Share by Geography, 2020 Vs 2027 (%)
5. The US Industrial Fasteners Market Size, 2020-2027 ($ Million)
6. Canada Industrial Fasteners Market Size, 2020-2027 ($ Million)
7. UK Industrial Fasteners Market Size, 2020-2027 ($ Million)
8. France Industrial Fasteners Market Size, 2020-2027 ($ Million)
9. Germany Industrial Fasteners Market Size, 2020-2027 ($ Million)
10. Italy Industrial Fasteners Market Size, 2020-2027 ($ Million)
11. Spain Industrial Fasteners Market Size, 2020-2027 ($ Million)
12. Roe Industrial Fasteners Market Size, 2020-2027 ($ Million)
13. China Industrial Fasteners Market Size, 2020-2027 ($ Million)
14. India Industrial Fasteners Market Size, 2020-2027 ($ Million)
15. Japan Industrial Fasteners Market Size, 2020-2027 ($ Million)
16. Rest of Asia-Pacific Industrial Fasteners Market Size, 2020-2027 ($ Million)
17. Rest of the World Industrial Fasteners Market Size, 2020-2027 ($ Million)
Companies Mentioned
A selection of companies mentioned in this report includes:
- A.Agrati S.p.A.con Unico Socio
- A&G Fasteners
- Aoyama Seisakusho Co., Ltd.
- ARaymond
- B&B Specialties, Inc.
- Berkshire Hathaway Inc.
- Boltfast
- Bulten AB (publ)
- Caparo Group
- . CBC FASTENERS PTY (LTD).
- Deepak Fasteners Limited
- EJOT
- Ever Hardware Industrial Limited
- Federal Screw Works
- FUCHS Schraubenwerk GmbH
- Gem-Year Industrial Co., Ltd.
- Gruppo Fontana S.r.l.
- Hilti Corporation
- Howmet Aerospace Inc.
- Illinois Tool Works Inc.
- 2 Kamax Group
- 2 LISI, LLC.
- 2 MacLean-Fogg
- 2 NIFCO INC.
- 2 Stanley Black & Decker, Inc.
- 2 The 3M Company
- 2 Wilhelm Böllhoff GmbH & Co. KG
